Income needed to buy a home
Bristol County, RI
$227,003
a year in household income to buy the typical Bristol County home with 10% down.
The monthly math
Typical home value$657,795
Down payment (10%)$65,780
Loan$592,016
Principal and interest (7.40%)$4,099/mo
Property tax (1.14% a year)$622/mo
Homeowners insurance (estimate)$329/mo
Mortgage insurance$247/mo
Total monthly cost$5,297/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
Far off
The typical household here earns $114,490 a year, 50% of what it takes.
In Rhode Island
Bristol County ranks #3 of 5 for the income a home takes, from least to most.
Easiest to afford in Rhode Island
| County | Typical home | Income needed |
|---|---|---|
| Kent County | $442,953 | $156,548 |
| Providence County | $455,095 | $157,946 |
| Washington County | $689,899 | $232,587 |
| Newport County | $790,998 | $265,174 |
Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.